Undisclosed customers bolster Airbus June orders

Two orders for undisclosed customers for 150 A320ceo and neo family aircraft was the highlight of Airbus’s order activity in June, as the European manufacturer racked up 209 orders for its single-aisle family.
One of the unidentified buyers ordered 50 A321s—30 A321neos and 20 A321ceos, setting another example of the industry trend toward larger models. The remainder of the order comprised 16 A320neos, 10 A320ceos and four A319neos.
The second undisclosed purchaser opted for 70 ...

Settling into his new role as the head of IATA, director general and CEO Alexandre de Juniac has made clear his frustration with government policies that fail to recognize the value of aviation....More

The world’s airlines will continue their streak of collective profitability in 2017, but anticipated higher costs, coupled with a sluggish global economy that lead IATA forecasters to believe next year’s industry net profit will be almost $6 billion lower than 2016’s expected profit....More